John Martin Acquires Common Shares of Amilot Capital Inc.
August 02 2019 - 4:45PM
John Martin, the Chief Financial Officer of Amilot Capital Inc.
(“
Amilot”) (TSXV: TOM), announces that he has
acquired 1,550,000 common shares (the “
Common
Shares”) in the capital of Amilot through a shares for
debt settlement for services previously rendered in the aggregate
amount of $77,500 at a price of $0.05 per Common Share. The shares
were acquired through Shaljero Advisors Inc.
(“
Shaljero”), a corporation of which Mr. Martin is
the sole director and shareholder. The Common Shares issued
pursuant to the shares for debt settlement will be subject to a
hold period of four months and one day.
Prior to the foregoing share issuance, John
Martin owned or controlled 941,530 Common Shares representing 6.62%
of the issued and outstanding Common Shares, including 300,000
Common Shares held through Shaljero representing 2.11% of the
issued and outstanding Common Shares.
After giving effect to this transaction, John
Martin owns or controls an aggregate of 2,491,530 Common Shares,
representing approximately 15.79% of the issued and outstanding
Common Shares, including 1,850,000 Common Shares held through
Shaljero representing 11.72% of the issued and outstanding Common
Shares.
John Martin does not presently intend to make
further investments or divestitures in Amilot. However, John Martin
may in the future take such actions in respect of his holdings in
Amilot as he may deem appropriate based on his assessment of market
conditions and any other conditions he considers relevant at the
time, including the purchase of additional Common Shares through
open market or privately negotiated transactions or the sale of all
or a portion of his holdings in the open market or in privately
negotiated transactions to one or more purchasers, subject in each
case to applicable securities laws.
A copy of the related early warning report filed
with the Ontario, British Columbia and Alberta Securities
Commissions may be obtained from the SEDAR website
(www.sedar.com).
(signed) “John Martin”
John Martin(416) 862-7525
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